Steward Partners Investment Advisory LLC Acquires 4,141 Shares of CrowdStrike $CRWD

Key Points

• Steward Partners Investment Advisory LLC increased its stake in CrowdStrike by 13.4% in Q1, acquiring an additional 4,141 shares and holding a total of 35,087 shares valued at approximately $12.37 million.
• Insider directors Roxanne S. Austin and Johanna Flower sold significant amounts of CrowdStrike stock, leading to a combined decrease of over 11,000 shares in their ownership.
• Several analysts have raised their price targets for CrowdStrike, with a consensus target price of $461.17 and predictions for the company to post earnings per share of 0.55 for the current fiscal year.

Steward Partners Investment Advisory LLC raised its stake in CrowdStrike (NASDAQ:CRWD - Free Report) by 13.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,087 shares of the company's stock after purchasing an additional 4,141 shares during the period. Steward Partners Investment Advisory LLC's holdings in CrowdStrike were worth $12,371,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new position in shares of CrowdStrike during the first quarter valued at about $25,000. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of CrowdStrike by 114.3% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 75 shares of the company's stock valued at $26,000 after buying an additional 40 shares during the last quarter. Vision Financial Markets LLC acquired a new position in shares of CrowdStrike during the first quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of CrowdStrike by 305.3% during the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 77 shares of the company's stock valued at $27,000 after buying an additional 58 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new position in shares of CrowdStrike during the first quarter valued at about $30,000. 71.16% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other CrowdStrike news, CFO Burt W. Podbere sold 11,883 shares of CrowdStrike stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $455.47, for a total value of $5,412,350.01. Following the sale, the chief financial officer owned 231,130 shares of the company's stock, valued at approximately $105,272,781.10. The trade was a 4.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Johanna Flower sold 2,073 shares of CrowdStrike stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $474.21, for a total transaction of $983,037.33. Following the completion of the sale, the director directly owned 81,383 shares in the company, valued at approximately $38,592,632.43. This represents a 2.48% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 214,414 shares of company stock valued at $101,484,738. Company insiders own 3.32% of the company's stock.

CrowdStrike Stock Down 0.9%

CrowdStrike stock traded down $3.8730 during midday trading on Thursday, hitting $415.2970. 682,875 shares of the stock were exchanged, compared to its average volume of 3,675,641. CrowdStrike has a 52-week low of $242.25 and a 52-week high of $517.98. The stock has a market capitalization of $103.51 billion, a price-to-earnings ratio of -600.78 and a beta of 1.13. The business's 50-day moving average price is $469.89 and its 200-day moving average price is $427.29. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21.

CrowdStrike (NASDAQ:CRWD - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.07. The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. CrowdStrike had a negative net margin of 4.17% and a positive return on equity of 0.43%. The firm's revenue for the quarter was up 19.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 earnings per share. CrowdStrike has set its FY 2026 guidance at 3.440-3.560 EPS. Q2 2026 guidance at 0.820-0.840 EPS. On average, research analysts expect that CrowdStrike will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRWD. Bank of America reiterated a "neutral" rating and set a $470.00 price objective (up from $420.00) on shares of CrowdStrike in a report on Wednesday, June 4th. Cantor Fitzgerald lifted their price objective on shares of CrowdStrike from $440.00 to $475.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Roth Capital lifted their price objective on shares of CrowdStrike from $410.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. BMO Capital Markets boosted their price target on shares of CrowdStrike from $405.00 to $500.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Finally, Wedbush boosted their price target on shares of CrowdStrike from $475.00 to $525.00 and gave the stock an "outperform" rating in a report on Tuesday, June 3rd. Twenty-six research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $460.81.

CrowdStrike Company Profile

CrowdStrike Holdings, Inc provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.